Expect bitcoin to go to the moon.
A new law authorises the use of digital currency like Bitcoin came into force on April 1, 2017.
The way is now clear for Japanese merchants to start accepting Bitcoin at stores to make purchases.
According to the Nikkei Asian Review, It is expected that two large retailer groups will start accepting Bitcoin as early as April 7, 2017.
What I think that some other countries will do like Japan soon and Bitcoin owners will benefit more and more.
I think on July 1st Japan will remove the tax on the purchase of bitcoin, I think price will rise over $1500 that day. Let's see.
I guess end of this year will reach $3000.
What do you think will happen when the Chinese government finally allow withdrawal from bitcoin exchanges? Will there be a large sell off or will people be more confident to buy?
In China only many mining pools as well as many exchange sites.
If china allows the withdraw even bitcoin ATM use, the answer is clear bitcoin should go up.
Why, you will have a bank in your smart phone which is better than your bank account.
People will buy to save and trade and all alt-coins will surge.
I'm really curious to see if this turns out to be as big as the hype about it would suggest. After all, merchants in the U.S. can accept Bitcoin at stores for purchases, but not all that many yet actually do so.
what Japan is doing, is really just holding the door open. I really do think Bitcoin is about to blast off, I just really want to pull all Alt coins with it, for big profits on the way. I made a youtube response to this you guys should check out.
No, bitcoin is still number one, other alt coins tries to compete but still the market capital for bitcoin is the highest.